Hmmmm…
My daughter's .270 Win pushes a 150g ABLR (BC .591) to 2912fps with a 22" barrel and a less-than-max powder charge. (No pressure signs and good case life.)
Using 7000ft altitude because that's where we hunt, a 6.5CM with a 147ELD-X (BC .697) @ 2800fps (which will probably require a 24" barrel) still falls short of Daughter's .270 at 1000 yards if retained energy is the measure. The difference isn't great (1127fpe for the .270 vs 1116fpe for the 6.5CM).
At the muzzle, the .270 wins handily with 2825 fpe vs 2560 fpe. In other words, the .280 has as much energy at 115 yards as the 6.5CM has at the muzzle. My daughter practices out to 600 yards but her comfort range for game is 400 yards. At that range the .270 wins by about 187fpe. More importantly to us, it does it with a bonded hunting bullet rather than a thin-skinned target bullet.
Now, is the high BC bullet selection better for the 6.5CM? Yes. Is the difference in retained velocity and energy and drop and drift terribly important to us? No, but for her purposes (elk) the .270 Win and a hunting bullet is the better choice. Frankly, I'd rather see her shoot an elk at 600 with a .270/129gLRX than a 6.5CM/147ELD-M, even though the LRX will be about 90fpe short of the 6.5CM/147ELD-M.
A better comparison for our purposes would be apples-to-apples in both bullet construction and barrel length. Reducing the 6.5CM book velocities by 50fps for a 22" vs 24" barrel, the .270/150ABLR @ 2912fps beats a 6.5/140ABLR by 253fpe @ 600 yards (1665fpe vs 1430fpe.
We also use a lot of Barnes TTSX and LRX for hunting. Assuming and adjusting for 22" barrels again (-50fps from 24" data), a .270/129LRX @ 3150fps has 2261fps/1464fpe at 600 yards compared to 1941fps/1063fpe for a 6.5cm/127g LRX @ 2750fps. The .270/129g LRX also has 20" less drop (46.0" vs 66.6") and 3.7" less drift (18.2" vs 21.9")at 600.
High BC values don't mean a lot to us. My longest shot on game was about 500 yards (antelope) using a 110g AB with a BC of .418. Second longest was 487 yards (elk) using a 225g AB with a BC of .550. I've taken more elk, at ranges out to 411 yards, with a Speer 160g Grand Slam, BC .389, than with any other bullet.
It took me 20+ years and a bunch of elk before I recovered one of the Grand Slams, as they kept exiting. I've been using tipped X bullets (MRX, TTSX and LRX) since 2006 and have yet to recover one even though I've put two lengthwise through mule deer.
Feel free to choose your hunting bullets based on BC values. I made that mistake when I first started big game hunting in 1982. My first elk showed me the folly of doing that, which is why I switched to the Grand Slams. Now we use higher BC bullets but construction is still the first consideration.